HangZhou Nbond Nonwovens Dividends and Buybacks
Dividend criteria checks 4/6
HangZhou Nbond Nonwovens is a dividend paying company with a current yield of 2.62% that is well covered by earnings.
Key information
2.6%
Dividend yield
1.0%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 20.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 56% |
Recent dividend and buyback updates
No updates
Recent updates
HangZhou Nbond Nonwovens' (SHSE:603238) Solid Earnings Are Supported By Other Strong Factors
Apr 30
HangZhou Nbond Nonwovens (SHSE:603238) Might Be Having Difficulty Using Its Capital Effectively
Apr 17HangZhou Nbond Nonwovens Co., Ltd.'s (SHSE:603238) 29% Price Boost Is Out Of Tune With Earnings
Mar 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603238 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603238's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| HangZhou Nbond Nonwovens Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603238) | 2.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Luxury) | 3.1% |
| Analyst forecast (603238) (up to 3 years) | n/a |
Notable Dividend: 603238's dividend (2.62%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603238's dividend (2.62%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.8%), 603238's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.4%), 603238's dividend payments are well covered by cash flows.